Business Checking

Business Checking Comparison Chart
Business Checking Accounts Ideal for Minimum opening deposit Monthly service fee
Smart Business Checking Your basic business checking needs $100

No monthly service fee with any ONE of the following:

  • $3,000 average monthly collected balance1 in your Smart Business Checking account OR
  • $6,000 average monthly combined balances2 in all eligible Mechanics Bank deposit accounts

Monthly service charge when above criteria is not met: $10

Preferred Business Checking Businesses with greater cash and item processing needs $100

No monthly service fee with any ONE of the following:

  • $5,000 average monthly collected balance1 in your Preferred Business Checking account OR
  • $15,000 average monthly combined balances3 in eligible Mechanics Bank deposit and loan accounts OR
  • Hold Nonprofit Organization status

Monthly service charge when above criteria is not met: $15

Prime Business Checking Businesses with higher transactions and can benefit from some cash management tools $100

No monthly service fee with any ONE of the following:

  • $25,000 average monthly collected balance1 in your Prime Business Checking account OR
  • $50,000 average monthly combined balances3 in all eligible Mechanics Bank deposit and loan accounts

Monthly service charge when above criteria is not met: $30

Business Interest Checking Small to mid-size businesses looking to earn interest on their balances $100

No monthly service fee with any ONE of the following:

  • $10,000 average monthly collected balance1 in your Business Interest Checking account OR
  • $30,000 average monthly combined balances3 in all eligible Mechanics Bank deposit and loan accounts

Monthly service charge when above criteria is not met: $20

To get started

Call 800.797.6324, send an email or visit your local branch.